New US trailer orders of 11.3k were down 27% month-over-month, but after accounting for cancellations, net orders slid to 6k units, down 42% from May. Year-to-date net orders are 43% below last year, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report.
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ACT Research: U.S. Trailer Net Orders Continued to Drop in June, Down 70% Y/Y & 43% YTD
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July 26, 2019
FOR IMMEDIATE RELEASE
ACT Research: U.S. Trailer Net Orders Continued to Drop in June, Down 70% Y/Y & 43% YTD
COLUMBUS, IN – New US trailer orders of 11.3k were down 27% month-over-month, but after
accounting for cancellations, net orders slid to 6k units, down 42% from May. Year-to-date net orders
are 43% below last year, according to this month’s issue of ACT Research’s State of the Industry:
U.S. Trailer Report.
“This is the weakest monthly net order volume since
September of 2009, and is very disappointing since
some OEMs indicated that they actually opened 2020
orderboards last month,” said Frank Maly, Director–
CV Transportation Analysis and Research at ACT
Research. He continued, “Given that dramatic net
order softness, it appears that fleets were not
particularly willing to take quick advantage of the
opportunity, and while conversations indicate that
many deals are being discussed, fleets now seem to
be in a more contemplative frame of mind than they
were earlier in the year.”
Additionally, Maly said, “Perhaps the industry will see some traction with July results, but lower
freight volumes and lackluster rates appear to be foretelling a market that may not generate strong
demand for extensive equipment investment.”
ACT Research is recognized as the leading publisher of commercial vehicle truck, trailer, and bus
industry data, market analysis and forecasting services for the North American and China markets.
ACT’s analytical services are used by all major North American truck and trailer manufacturers and
their suppliers, as well as banking and investment companies. More information can be found at
www.actresearch.net.
Click here for more information about ACT’s US Trailer Report.
ACT’s 61st seminar is scheduled for August 12-14, 2019, and will feature a dealer panel, as well
as discussions on near-term demand of North American commercial vehicle markets and the
impacts of tomorrow’s technical challenges. A global forecasting workshop is also being planned
in conjunction with this semi-annual event. Click here for seminar information.
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